Madoff with the Money

India Infoline News Service | Mumbai |

Where’s the money is what investors are asking and the only answer that is available that the Madoff empire was nothing more than a successful Ponzi scheme run for years.

Title: Madoff with the Money
Author: Jerry Oppenheimer
Pages: 256; Hardcover
Publication Date: August 2009
Price: US$24.95 (This price is valid for India)
Published by John Wiley & Sons, Inc.

Hunting and Fishing. That was the title of a book Madoff reported on in school as part of a class assignment. And guess what there was no such book. When the teacher asked for a copy of the book, Madoff said he had returned it to the library. A similar trait was found in the man till he was sent to prison. Where’s my money? That's what investors are asking and the only answer available is that the Madoff empire was nothing more than a successful Ponzi scheme run for years, dare we say successfully.

The author Jerry Oppenheimer delves into the details of the illusive man that lost investors billions. He weaves stories of Madoff's past with those of the present in an engaging and accessible style and explores how the financial scam that Madoff ran cost individuals and institutions billions of dollars

From the scion of Baskin-Robbins to Jane Fonda, from friends and relatives to the conservative Jewish Community they were all lured in. Madoff with the Money is a deeply disturbing portrait of Bernie Madoff based on dozens of exclusive, news-making interviews. Even New Jersey Senator Frank Lautenberg was part of the losers who trusted Madoff. From the values Madoff was taught growing up in the working class town of Laurelton, Queens to his high-life on Wall Street and the super-rich enclaves of Palm Beach and the French Riviera, the author Jerry Oppenheimer follows the disgraced money manager's trail as he works his way up the social and economic ladder, and eventually scams his trusting clients in a $50 billion Ponzi scheme.

There's even Madoff's own sister-in-law and talk show host Larry King, who apparently didn't ask the right questions when he invested. All lost their much-needed life savings, while others saw fortunes small and large evaporate in the greedy financial operations of one of history's all-time charlatans.

As one of the chapters is titled, the book is about Life inside the Madoff Piggy Bank, Flashing the Plastic, and Losing the Farm.

About the author:

Jerry Oppenheimer
has written eight biographies of major American icons, from Martha Stewart and Barbara Walters to the Clintons and Kennedys, and has worked in all facets of journalism, from national investigative reporting in Washington, D.C., to producing TV news and documentaries. He's quoted in magazines such as Vanity Fair and is a frequent guest on national TV interview and syndicated magazine shows, including Good Morning America, Entertainment Tonight, Extra, Anderson Cooper 360?, Nancy Grace, BBC News, Fox News, and more. He is also the author of the Wiley title Toy Monster: The Big, Bad World of Mattel.

About Wiley:

Founded in 1807, John Wiley & Sons, Inc. has been a valued source of information and understanding for over 200 years, helping people around the world meet their needs and fulfill their aspirations. Since 1901, Wiley and its acquired companies have published the works of more than 400 Nobel laureates in all categories: Literature, Economics, Physiology/Medicine, Chemistry, Physics and Peace.

Our core businesses include scientific, technical, medical and scholarly journals, encyclopedias, books, and online products and services; professional/trade publishes books, subscription products, training materials, and online applications and websites; and educational materials for undergraduate and graduate students and lifelong learners. Wiley's global headquarters are located in Hoboken, New Jersey, with operations in the U.S., Europe, Asia, Canada and Australia. The Company's website can be accessed at http://www.wiley.com. The Company is listed on the New York Stock Exchange under the symbols JWa and JWb.


 

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